Carbon Taxes > Yara urges EU support for exports of CBAM-covered fertilisers

Yara urges EU support for exports of CBAM-covered fertilisers

Published 11:52 on January 13, 2025  /  Last updated at 13:42 on January 13, 2025  / /  Carbon Taxes, CBAM, EMEA, EU ETS

The EU carbon market is putting European fertiliser producers at a “double disadvantage” compared to Russia and the US, which have access to cheap energy, don’t pay for CO2 emissions, and won’t pay the full cost of the EU’s Carbon Border Adjustment Mechanism (CBAM) until 2034, said Yara CEO Svein Tore Holsether.
The EU carbon market is putting European fertiliser producers at a “double disadvantage” compared to Russia and the US, which have access to cheap energy, don’t pay for CO2 emissions, and won’t pay the full cost of the EU’s Carbon Border Adjustment Mechanism (CBAM) until 2034, said Yara CEO Svein Tore Holsether.


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